(Reuters) - U.S. Senate Majority Leader Mitch McConnell on Tuesday said he is pushing to extend expiring healthcare benefits for retired coal miners by including a provision in a spending bill Congress hopes to pass this week.Read Full Article →

(Reuters) - Most European Union finance ministers on Tuesday rejected a British-backed plan to exempt financial traders from new rules aimed at tackling practices used by multinationals to reduce their tax bills.Read Full Article →

The SEC's chief accountant said the market regulator is ready to resume its consideration of the use of IFRS in U.S. companies' regulatory filings, but he cannot say when a proposal will be issued. The market regulator's leadership is in flux, and it is not known how its next chair might view the international accounting standards. Moreover, U.S. companies have shown little interest in abandoning U.S. GAAP or incurring the extra cost of adding IFRS-based exhibits to their regulatory filings.Read Full Article →

(Reuters) - Many carmakers are predicting a significant shift to electric vehicles in the next decade. Advances in battery technology and the growth of autonomous driving and ride sharing - suited to electric vehicles - will power this expansion, they reason.Read Full Article →

(Reuters) - A federal appeals court on Monday brought to an end President Barack Obama's bid to overturn a ruling that threatens to gut his signature healthcare law by putting the case on hold until after President-elect Donald Trump, who aims to repeal Obamacare, takes office.Read Full Article →